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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

2005) that the ´failure to adequately define the market is a key factor associated with venture failure´, we identify the definition of the target customer as one central dimension in designing a new business model. The object of innovation 2. Typically, disruptive innovations are cheaper, easier, or more convenient (Christensen et al.,

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Striking Gold: The $40m Idea Unearthed Through Crowdsourcing

Qmarkets

In 2020 alone, it produced almost 10m ounces of silver and 175k ounces of gold from its three active mines across South America. Hochschild ’s innovation initiatives are focused on optimizing its current operations through continuous improvement, with a particular focus on corporate responsibility. What drives innovation investment?

article thumbnail

Striking Gold: The $40m Idea Unearthed Through Crowdsourcing

Qmarkets

In 2020 alone, it produced almost 10m ounces of silver and 175k ounces of gold from its three active mines across South America. Hochschild ’s innovation initiatives are focused on optimizing its current operations through continuous improvement, with a particular focus on corporate responsibility. What drives innovation investment?